The company controlled by media mogul John Malone said it's making progress on spinning off Starz into a separate public company, and also said it's continuing is push to acquire more than 50% of satellite radio broadcaster Sirius XM (SIRI) .

The company's net overall net income climbed to $1 billion, from a loss of $42 million a year ago.

Third-quarter revenue at Starz climbed 3% to $400 million. Subscription at that movie network climbed 9%, with subscriptions up 5% at its Encore business.

The company announced in August plans to spun off Starz into a separate public company, and says it's on target for getting that done by the end of the year.

In the meantime, it's been boosting original content on Starz in an effort to compete against rival services, including Time Warner's (TWX) HBO.

"On programming, "Spartacus: War of the Damned", "Da Vinci's Demons", "Magic City", and "The White Queen" give us a strong pipeline of exclusive Starz Originals that will kick off early next year," Starz LLC CEO Chris Albrecht said in a statement.

It also boosted its ownership of Sirius to 49.2%, and says it will go over 50% if it gets needed approvals from the Federal Communications Commission.

Liberty Interactive (LINTA), which split off from Liberty Media in 2011, posted a 3% bump in Q3 revenue $2.2 billion. The owner of QVC shopping channel and some shopping websites said losses widened to $41 million, from $19 million a year ago.

"QVC continues to produce strong results, especially on a constant currency basis, despite a challenging macroeconomic environment, and we are pleased with the performance of our newest market, China," Liberty Interactive president Greg Maffei said in a statement.

The company controlled by media mogul John Malone said it's making progress on spinning off Starz into a separate public company, and also said it's continuing is push to acquire more than 50% of satellite radio broadcaster Sirius XM (SIRI) .

The company's net overall net income climbed to $1 billion, from a loss of $42 million a year ago.

Third-quarter revenue at Starz climbed 3% to $400 million. Subscription at that movie network climbed 9%, with subscriptions up 5% at its Encore business.

The company announced in August plans to spun off Starz into a separate public company, and says it's on target for getting that done by the end of the year.

In the meantime, it's been boosting original content on Starz in an effort to compete against rival services, including Time Warner's (TWX) HBO.

"On programming, "Spartacus: War of the Damned", "Da Vinci's Demons", "Magic City", and "The White Queen" give us a strong pipeline of exclusive Starz Originals that will kick off early next year," Starz LLC CEO Chris Albrecht said in a statement.

It also boosted its ownership of Sirius to 49.2%, and says it will go over 50% if it gets needed approvals from the Federal Communications Commission.

Liberty Interactive (LINTA), which split off from Liberty Media in 2011, posted a 3% bump in Q3 revenue $2.2 billion. The owner of QVC shopping channel and some shopping websites said losses widened to $41 million, from $19 million a year ago.

"QVC continues to produce strong results, especially on a constant currency basis, despite a challenging macroeconomic environment, and we are pleased with the performance of our newest market, China," Liberty Interactive president Greg Maffei said in a statement.

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02/11/2015 01:29 PM ET

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